The latest FCA Positive Compliance workshops will focus on the regulatory requirements of RDR (morning session) and the use of Centralised Investment Propositions and Replacement Business (afternoon session).
We don’t expect any startling revelations from the FCA because these topics have been well documented.
However ……..
…….. the fact that the FCA feels that workshops are necessary suggests that they remain concerned about standards. Recent RDR thematic reviews have highlighted significant non-compliance, while the potential mis-use of CIPs and switching into CIPs poses significant risk for consumers.
The workshops therefore provide the opportunity to hear directly from the horse’s mouth and to see examples of good (and poor) practice.
For a list of dates and venues click here. Further information is available here and here.
FCA Retirement Income Advice Survey – a threat or an opportunity?
Paul Jay Compliance 2015, EBI, FCA, Lifetime Mortgage, Mortgage, Pension, PI, platform, transfer
We drew attention to the FCA’s Retirement Income Advice Survey in our ‘What lies beneath?’ article last month and there has been plenty of commentary in the industry press about the survey since, most of it covering how generally intrusive and onerous completion is, but are there some benefits to be had here? It’s hard […]